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Forex Trend Analysis Report

Prepared for you on Tuesday, May 21, 2019.

Hong Kong Dollar/Argentine Peso (FOREX:HKDARS)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low HKDARS Price Change
5.7572 5.7579 5.6965 5.7063 -0.0509
Entry Signal

MarketClub’s Trade Triangles for HKDARS

long term up The long term trend has been UP since May 18th, 2017 at 2.05000

intermediate term up The intermediate term trend has been UP since Feb 7th, 2019 at 4.83710

short term down The short term trend has been DOWN since May 21st, 2019 at 5.69925

Smart Scan Analysis for HKDARS

Based on a pre-defined weighted trend formula for chart analysis, HKDARS scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for HKDARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.7572 5.7579 5.6965 5.7063 -0.0509
Prev. Close Volume Bid Ask Time
5.7572 5.7058 5.7068 2019-05-21 15:33:28
Want to analyze Hong Kong Dollar/Argentine Peso HKDARS or another symbol? Try our Free Forex Trend Analysis Report.